Page 9 - FSUOGM Week 03 2023
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FSUOGM                                PIPELINES & TRANSPORT                                        FSUOGM




















































       Gazprom supplies to Europe down 22%



       in first half of January





        RUSSIA           DAILY pipeline gas exports by Gazprom to  to a post-Soviet low in 2022, as a result of fallout
                         Europe dipped 22% in the first half of January  from Moscow’s invasion of Ukraine. Gazprom
       Mild weather has been   versus the level in December, Reuters reported  cut off supply to a number of European buyers
       cited as the cause.  on January 17 citing its own calculations. Citing  after they refused to pay in rubles. The company
                         a source, the news agency cited mild weather as  also restricted capacity via the Nord Stream 1
                         the reason for the drop.             over the summer, prior to an explosion ripping
                           Reuters was taking into account flow via  through the pipeline in September, rendering it
                         Ukraine and one string of the TurkStream pipe-  unusable.
                         line – the only routes for Russian gas into Europe   Gazprom said it expected to ship 32.6 mcm of
                         that are still in operation. Citing Gazprom’s daily  gas to Europe via Ukraine on January 17, down
                         data on Ukrainian transit and information  8% from the level on previous days. The com-
                         from the European Network of Transmission  pany has delivered 35.4-35.5 mcm per day over
                         System Operators for Gas (ENTSOG), Reuters  the past 10 days, according to Reuters, versus 40
                         estimated that European supply from Russia  mcm per day at the end of last year and in the
                         amounted to a daily average of 63.7mn cubic  first three days of this year.
                         metres for January 1-15, versus a December   Europe has been enjoying an unusually
                         average of 81.9 mcm.                 warm winter, with record-high temperatures
                           Gazprom has not yet published its output  registered across the continent at the turn of
                         and exports data for January, but a source famil-  the new year. This, ample LNG supply and sub-
                         iar with these statistics confirmed the Reuters  dued industrial demand have led spot prices
                         number.                              to fall to levels not seen since before the war in
                           Russian pipeline gas flow to Europe collapsed  Ukraine. ™



       Week 03   18•January•2023                www. NEWSBASE .com                                              P9
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